Job Title: Senior Treasury Officer
Location: Al Qastal Industrial Area
Job Purpose
The Senior Treasury Officer is responsible for managing the company's daily treasury operations, ensuring sufficient liquidity to support business activities, optimizing cash management, Trade Finance transactions, overseeing banking transactions, preparing cash positions, and contributing to financial risk management while ensuring compliance with treasury policies, internal controls, and financial procedures.
Key Responsibilities
- Prepare and monitor daily, weekly, and monthly cash flow forecasts.
- Monitor liquidity levels and ensure adequate cash availability to meet operational and financial obligations.
- Manage day-to-day relationships with banks, including bank accounts and credit facilities.
- Execute and review payments, bank transfers, beneficiary chq.s, and treasury transactions in accordance with approved policies and authorization limits.
- Perform bank reconciliations , coordinate with accounting in monthly closing activities and prepare related treasury reports.
- Prepare periodic cash position and liquidity reports for management.
- Support the preparation of short- and medium-term funding plans.
- Monitor compliance with loan agreements, financing arrangements, and banking covenants.
- Coordinate with Finance and Accounting teams to ensure the accuracy of treasury-related financial information.
- Identify and analyze liquidity, foreign exchange, and interest rate risks, and recommend appropriate mitigation strategies.
- Assist in developing and enhancing treasury policies, procedures, and internal controls.
- Support internal and external audit activities by providing treasury-related documentation and information.
- Following up on all inward Letters of Credit (LCs),follow up on Receivables collection, LC collection/ discounting, Factoring & Factoring repayment and AR days Credit release.
- Following up on both export and import trade finance activities related to BCs, LCs, LGs
- Supervise and provide guidance to junior treasury staff when required.
Qualifications
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- Professional certifications such as CTP, FMVA,CBCA, or equivalent are preferred.
- Minimum of 3–5 years of experience in Treasury, Corporate Finance, Trade Finance, Banking or a related financial role, including experience in a senior or supervisory position.
Required Skills
- Strong knowledge of cash management, liquidity management, and cash flow forecasting.
- Solid understanding of banking operations and financing instruments.
- Strong analytical, financial reporting, and problem-solving skills.
- Good command of English, both written and spoken.
